Jefferies Financial Group Inc. raised its holdings in The Cooper Companies, Inc. (NASDAQ:COO – Free Report) by 177.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 59,877 shares of the medical device company’s stock after purchasing an additional 38,277 shares during the period. Jefferies Financial Group Inc.’s holdings in Cooper Companies were worth $4,908,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of COO. Bell Investment Advisors Inc raised its position in shares of Cooper Companies by 106.3% in the third quarter. Bell Investment Advisors Inc now owns 425 shares of the medical device company’s stock valued at $29,000 after buying an additional 219 shares during the last quarter. CYBER HORNET ETFs LLC acquired a new position in shares of Cooper Companies in the second quarter valued at approximately $36,000. True Wealth Design LLC raised its position in shares of Cooper Companies by 484.8% in the fourth quarter. True Wealth Design LLC now owns 462 shares of the medical device company’s stock valued at $38,000 after buying an additional 383 shares during the last quarter. Cromwell Holdings LLC raised its position in shares of Cooper Companies by 128.8% in the fourth quarter. Cromwell Holdings LLC now owns 485 shares of the medical device company’s stock valued at $40,000 after buying an additional 273 shares during the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in shares of Cooper Companies in the fourth quarter valued at approximately $41,000. Institutional investors and hedge funds own 24.39% of the company’s stock.
Cooper Companies Stock Performance
NASDAQ COO opened at $62.55 on Tuesday. The Cooper Companies, Inc. has a 12 month low of $58.89 and a 12 month high of $89.83. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.34 and a quick ratio of 0.79. The company has a market capitalization of $12.20 billion, a price-to-earnings ratio of 30.97, a price-to-earnings-growth ratio of 1.61 and a beta of 0.89. The company’s fifty day moving average price is $66.74 and its two-hundred day moving average price is $75.13.
Wall Street Analyst Weigh In
COO has been the subject of several research analyst reports. Wall Street Zen raised shares of Cooper Companies from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Rothschild & Co Redburn lowered shares of Cooper Companies from a “buy” rating to a “neutral” rating and set a $85.00 price target for the company. in a research report on Wednesday, March 4th. Barclays upped their price target on shares of Cooper Companies from $98.00 to $103.00 and gave the stock an “overweight” rating in a research report on Friday, March 6th. Citigroup dropped their price target on shares of Cooper Companies from $88.00 to $87.00 and set a “neutral” rating for the company in a research report on Friday, March 6th. Finally, William Blair raised shares of Cooper Companies to a “strong-buy” rating in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $90.79.
Get Our Latest Analysis on Cooper Companies
Cooper Companies Company Profile
Cooper Companies, Inc (NASDAQ: COO) is a global medical device company headquartered in San Ramon, California. Founded in 1958, the company has grown through strategic acquisitions and organic development to become a major provider of vision care and women’s health products. Cooper Companies operates through two primary business segments—CooperVision and CooperSurgical—each serving specialized markets within the healthcare industry.
The CooperVision segment develops, manufactures and markets a broad range of soft contact lenses, as well as related accessories.
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